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Maritime experts urge Pakistan to expand its blue economy to $100 billion

Special Maritime experts urge Pakistan to expand its blue economy to $100 billion
Shipping containers are seen stacked on a ship at a sea port in Karachi on April 6, 2023. (AFP/File)
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Updated 12 September 2024
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Maritime experts urge Pakistan to expand its blue economy to $100 billion

Maritime experts urge Pakistan to expand its blue economy to $100 billion
  • Pakistan held an international maritime conference which was attended by the International Maritime Organization chief on Thursday
  • PM Shehbaz Sharif told the IMO chief that his government prioritized blue economy as ‘central pillar’ of economic development strategy
Updated 12 September 2024
Aamir Saeed
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ISLAMABAD: Maritime experts on Thursday urged the Pakistani government to expand its blue economy to $100 billion as the country hosted an international maritime exhibition in Islamabad.
The International Maritime Sustainability Exhibition and Conference (IMSEC) was attended by International Maritime Organization (IMO) Secretary-General Arsenio Antonio Dominguez Velasco and several other maritime experts.
This is the first-ever visit to Pakistan by the chief of the IMO, a specialized agency of the United Nations responsible for regulating shipping and ensuring maritime safety, environmental protection and security on international waters.
During the maritime conference, panelists suggested the Pakistani government to work on increasing its share in the global blue economy, which means sustainable use of ocean resources to benefit people, livelihoods and ocean ecosystem health.
“Blue economy is a responsibility in which we do a business in maritime domain which is safe and secure as far as the environment is concerned, its ecosystem is preserved as well as it is centered around the people that was the message which was given by the secretary general of IMO as well,” Vice Admiral (retired) Ahmed Saeed, president of Pakistan’s National Institute of Maritime Affairs, told Arab News.
“So, today’s conference was actually centered around giving the details of the potential of Pakistan’s maritime economy. It is around $100 billion so at the moment our contribution into our national economy is less than 1 percent whereas it should be close to 6-10 percent.”
Professor Dr. Sajid Mahmood Shahzad, vice chancellor of MinHajj University in Lahore, said Pakistan should focus on the country’s maritime potential to fix the country’s fragile economy.
“We are always talking of fragile economy of Pakistan, if you really would like to ask me, answer to all those fragile economy of Pakistan is blue economy. We need to put up a lot of efforts to achieve, to gain whatever we have out at sea,” he told Arab News.
“The potential we have that is enormous, but being a maritime nation how to accrue those benefits from the sea, we are ignorant. I think now the time has come we should focus on our blue economy,” he said.




Participants attend International Maritime Sustainability Exhibition and Conference (IMSEC) in Islamabad, Pakistan on September 12, 2024. (AN photo)

Fisheries and maritime trade
In his meeting with the IMO chief, Prime Minister Shehbaz Sharif vowed to expand the country’s fisheries and maritime trade, and explore offshore resources, according to Sharif’s office.
Established in 1948, the IMO’s primary role is to develop and maintain a comprehensive regulatory framework for shipping, which includes standards for safety, pollution prevention and legal matters surrounding global maritime operations.
The prime minister “underlined Pakistan’s desire for expanding fisheries and maritime trade, exploring offshore resources, promoting coastal tourism, and fostering a sustainable shipbreaking industry,” Sharif’s office said, after his meeting with the IMO chief.
It said the premier prioritized blue economy as a “central pillar” of his economic development strategy and highlighted the role of Pakistan’s Special Investment Facilitation Council (SIFC), a civil-military body set up in June last year, in attracting investments and introducing modern technologies to advance fisheries and the shipbreaking sector.
“PM Sharif renewed Pakistan’s firm commitment to work with the international partners and the IMO to contribute to global efforts aimed at reducing maritime emissions,” the statement from Sharif’s office said.
“Secretary-General Velasco appreciated the prime minister’s leadership and Pakistan’s proactive approach toward leveraging its maritime resources for economic progress and its role in the global maritime community.”




International Maritime Organization (IMO) Secretary-General Arsenio Antonio Dominguez Velasco speaks during International Maritime Sustainability Exhibition and Conference (IMSEC) in Islamabad, Pakistan on September 12, 2024. (PID)

He assured continued support to Pakistan from the IMO in furthering maritime collaboration for sustainable development.
Maritime decarbonization, environment-friendly ship-recycling
Earlier at the conference, the Pakistani government pledged to reduce greenhouse gas (GHG) emissions from the global maritime sector, make greater use of green technology to improve ships’ energy efficiency and carry out more environment-friendly ship recycling.
“Pakistan fully complies with IMO regulation,” Maritime Affairs Minister Qaiser Ahmed Sheikh said at the opening session of the conference. “We are striving to reduce the global [carbon] footprint and make greater use of green technology. Such measures must be taken in every institution to deal with climate change.”
The minister said Pakistan was invested in ensuring the protection of biodiversity and the oceans and would work to make ship recycling “safe and environmentally friendly.”
“We are ready to work with global organizations to promote ship-making, ship-recycling and the blue economy,” Sheikh added.
Addressing the conference, IMO chief Velasco said his visit to Pakistan would give him the opportunity to “come back in the future and assess and evaluate all the promises and the conversations and the challenges that we are going to put toward each other, from Pakistan government as well as from IMO in order to work better in the different aspects of shipping.”

He said he looked forward to working with Pakistan on decarbonization and ship recycling, where Pakistan is one of the leading nations in the world.

Topics: maritime Pakistan

Pakistan arrests main suspect behind 2023 Greek boat tragedy that killed over 250 nationals

Pakistan arrests main suspect behind 2023 Greek boat tragedy that killed over 250 nationals
Updated 03 February 2025
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Pakistan arrests main suspect behind 2023 Greek boat tragedy that killed over 250 nationals

Pakistan arrests main suspect behind 2023 Greek boat tragedy that killed over 250 nationals
  • Around 262 Pakistanis drowned when overcrowded vessel sank off Greece coastal town of Pylos
  • Illegal transactions amounting to $287,356 have been traced in Mohammad Iqbal’s bank account
Updated 03 February 2025
SAIMA SHABBIR

ISLAMABAD: Pakistan’s Federal Investigation Agency (FIA) on Monday arrested the main suspect behind a 2023 boat capsize off Greece, which claimed lives of over 250 Pakistanis, the agency said.
Hundreds of migrants, including 262 Pakistanis, drowned, when an overcrowded vessel traveling from Libya capsized and sank in international waters off the southwestern Greek coastal town of Pylos in June 2023. This disaster became one of the deadliest boat tragedies ever recorded in the Mediterranean Sea.
It highlighted the perilous journeys many migrants undertake, often driven by economic hardship, as young individuals seek better financial opportunities by attempting dangerous crossings to Europe, prompting the Pakistani government to order “intensified” measures against human traffickers.
The FIA said the suspect, Mohammad Iqbal, who had been living in Libya since 2013, was arrested by FIA immigration officials upon arrival at the Lahore airport.
“The suspect was running a human trafficking network from Libya,” the FIA said in a statement. “The suspect illegally sent several Pakistani citizens to Europe from Libya via boats.”
The FIA said it had traced illegal transactions amounting to Rs80 million ($287,356) from Iqbal’s bank account, adding that he was booked in multiple cases registered with the FIA Lahore zone.
FIA Lahore Director Sarfraz Virk said a crackdown on human trafficking networks was ongoing, vowing to bring human traffickers to justice.
“Strict punishment will be meted out to human traffickers responsible for boat incidents,” he was quoted as saying by the FIA. “FIA teams are in constant contact with the affected families.”
Last month, the FIA issued red notices for 20 foreign-based human traffickers involved in the 2023 Greek boat tragedy. A red notice is a request from a member country of the International Criminal Police Organization (INTERPOL) to other member states to locate and arrest a person to extradite them to face criminal charges.
Several Pakistanis, in a bid to escape economic hardships at home, often undertake these illegal and dangerous journeys to enter Europe.
Last year, five Pakistani nationals died in a shipwreck off the southern Greek island of Gavdos on Dec. 14. More recently, a boat capsized near Morocco’s coast on Jan. 15 while carrying 86 migrants, including 66 Pakistanis, according to migrant rights group Walking Borders. Pakistan’s Foreign Office has confirmed 22 survivors of the incident.

Topics: Greece shipwreck greece boat accident Federal Investigation Agency

Chinese nationals in Karachi withdraw harassment complaint after province pledges to investigate

Chinese nationals in Karachi withdraw harassment complaint after province pledges to investigate
Updated 03 February 2025
AP
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Chinese nationals in Karachi withdraw harassment complaint after province pledges to investigate

Chinese nationals in Karachi withdraw harassment complaint after province pledges to investigate
  • The men had approached a court saying their movement was being restricted by police on the pretext of security and it had affected their business
  • The provincial government said it was investigating the complaint, but added any grievance should have been made to it through the Chinese embassy
Updated 03 February 2025
AP

KARACHI: Six Chinese nationals who run businesses in Pakistan’s southern port city of Karachi have withdrawn a harassment complaint against police after provincial authorities said they would investigate the claims, a defense lawyer said on Monday.
The men had approached a court in Karachi saying they had invested a significant amount of money in Pakistan’s largest city but their movement was being restricted by police on the pretext of security and it had affected their business.
The provincial government in Pakistan’s southern Sindh province said it was investigating the complaint, but added that any grievance should have been made to the government through the Chinese embassy instead of petitioning a court.
Rehman Mahsud, an attorney for the six men, told The Associated Press that his clients are withdrawing their petition as they are now “satisfied” with the assurances provided by senior government officials.
Under a government directive, all Chinese nationals are required to inform police before they travel so an escort can be arranged. Local authorities increased security following the deaths of two Chinese nationals in a bomb attack last year.
Pakistan hosts thousands of Chinese workers as part of Beijing’s multibillion-dollar Belt and Road Initiative, which is building major infrastructure projects. Several Chinese companies have also been set up across the country.
Two Chinese nationals were killed in Karachi in October when a suicide bomber targeted their vehicle outside an airport. The Baloch Liberation Army, which is mainly active in the southwestern Balochistan province, claimed responsibility for the attack. The BLA accuses China of plundering the province’s mineral resources with Pakistan’s help.
Following the attack, China has called on Pakistan to protect Chinese workers due to a resurgence in militant violence.

Topics: Chinese in Pakistan Karachi Police

Ex-PM Khan urges Pakistan army chief to reconsider policies to end political instability

Ex-PM Khan urges Pakistan army chief to reconsider policies to end political instability
Updated 03 February 2025
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Ex-PM Khan urges Pakistan army chief to reconsider policies to end political instability

Ex-PM Khan urges Pakistan army chief to reconsider policies to end political instability
  • The development comes amid renewed political tensions between Imran Khan-led opposition and Prime Minister Shehbaz Sharif’s government in Pakistan
  • Pakistan’s army has ruled the country for nearly half of its history, though it has denied in recent years that it no longer interferes in the country’s politics
Updated 03 February 2025
KASHIF IMRAN

ISLAMABAD: Former Pakistan prime minister Imran Khan has written a letter to the chief of the country’s powerful army, General Asim Munir, and urged him to reconsider existing policies to end political instability in the country, Khan’s lawyer said on Monday.
The development comes amid renewed political tensions between Khan-led opposition and Prime Minister Shehbaz Sharif’s government in Pakistan, following the breakdown of weeks-long talks between the two sides. Khan’s Pakistan Tehreek-e-Insaf (PTI) party accuses the government of causing the breakdown by failing to release political prisoners and establish judicial commissions to investigate violent protests of May 9, 2023, and Nov. 26, 2024. The government says Khan’s party walked away from the talks “unilaterally” before they had a chance to address the PTI’s demands.
Khan’s ouster in a parliamentary no-trust vote in 2022 has plunged Pakistan into a political crisis, particularly since he was jailed in August 2023 on corruption and other charges and remains behind bars. His PTI party and supporters have regularly held protests calling for his release, with many of the demonstrations turning violent.
Speaking to reporters in Rawalpindi, Khan’s lawyer Faisal Chaudhry said the ex-premier has detailed six points in his letter, which he considers the reasons behind a growing divide between the country’s armed forces and the Pakistani people, and says that a change in current policies was the “need of the hour.”
“The first of all reasons, according to Imran Khan, is the rigging of Feb. 8, [2024] election,” he said. “This is the first point due to which a gulf was created between people and the institutions [armed forces].”
Pakistan held its general election on Feb. 8, 2024 that was marred by a mobile Internet shutdown and unusually delayed results. The polls threw up a hung National Assembly and were followed by weeks of protests by opposition parties over allegations of rigging and vote count fraud. The government and election authorities deny any systematic rigging of polls.
Khan last month called on his party’s members and supporters from all walks of life to mark Feb. 8 as a “Black Day” and hold protests across the country to protest alleged rigging of last year’s polls.
“Second, the judiciary in Pakistan has been controlled under the 26th constitutional amendment and the 26th constitutional amendment was brought to bulldoze justice system in the country,” Chaudhry said as he quoted Khan, saying the amendment was aimed at providing a cover to the “election fraud.”
The amendment empowered parliament to pick the country’s top judge among other changes.
The lawyer also said Khan’s letter mentioned among other things the recent amendments to the Pakistan Electronic Crimes Act (PECA) that he said were aimed at stifling dissent on social media, a crackdown on his party’s members and supporters, violation of various court orders, and alleged threats to judges and journalists that were widening the divide between the armed forces and the Pakistani people.
Khan fell out with Pakistan army’s top leaders in the lead-up to his ouster from the PM’s office, and has since led an unprecedented campaign of defiance against the all-powerful army, which has ruled the South Asian country for nearly half of its 75-year history, and even when not in power, it is considered the invisible guiding hand in politics. The army has in recent years said it no longer interferes in politics.
Tensions between Khan’s PTI and the army further heightened after Khan’s brief arrest on May 9, 2023, in a land graft case that sparked countrywide protests, with PTI supporters attacking and ransacking military installations in an unprecedented backlash against the army.
The military has called the day of the protests a “Black Day” and vowed to punish those involved. Since then, thousands of Khan’s supporters have been arrested and dozens of his top party members have defected after they faced increasing pressure from the military establishment to do so, according to his supporters. The army denies it.
“Policies need to be changed swiftly and they should be kept in accordance with the constitution and law, so that political instability in the country may end and the country may move toward stability,” Khan’s lawyer said.
“As long as these policies are not changed, it is difficult for the country to reach a point of stability.”

Topics: Ex-PM Imran Khan Chief of Army Staff General Asim Munir

Pakistan to host 15 Palestinian prisoners freed under Gaza ceasefire deal — Hamas

Pakistan to host 15 Palestinian prisoners freed under Gaza ceasefire deal — Hamas
Updated 03 February 2025
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Pakistan to host 15 Palestinian prisoners freed under Gaza ceasefire deal — Hamas

Pakistan to host 15 Palestinian prisoners freed under Gaza ceasefire deal — Hamas
  • Hamas spokesman Dr. Khaled Qaddoumi says Israel has so far released nearly 180 Palestinians and several Muslim countries have offered to host them
  • Since the beginning of Israel’s war, Pakistan has dispatched several relief consignments for Gaza and established a special fund for war-torn Palestinians
Updated 03 February 2025
NAIMAT KHAN

KARACHI: Pakistan has agreed to host 15 Palestinian prisoners freed under a ceasefire deal that was reached between Israel and Hamas on Jan. 15 to end the Gaza war, a Hamas spokesperson said on Monday, describing Pakistan as an “elder brother.”
A six-week initial ceasefire phase, which ended 15 months of war, includes the gradual withdrawal of Israeli forces from central Gaza and the return of displaced Palestinians to northern Gaza.
Among key components of the deal is that Hamas will release 33 Israeli hostages, including all women (soldiers and civilians), children, and men over 50. In exchange, Israel will release 30 Palestinian detainees for every civilian hostage and 50 Palestinian detainees for every Israeli female soldier Hamas releases.
Dr. Khaled Qaddoumi, a spokesperson of Hamas, told Arab News Israel has so far released nearly 180 Palestinians and some of them have traveled to Egypt to settle there, while several Muslim countries, including Egypt, Turkiye, Algeria, Malaysia, Pakistan and Indonesia, have expressed their willingness to host these prisoners. 
“We have officially received confirmation that Pakistan has agreed to receive 15 prisoners. For this, we are deeply grateful to the Pakistani government, the Pakistani people, and the Pakistani establishment,” Dr. Qaddoumi told Arab News.
“Alhamdulillah, it has been proven that Pakistan is not just a brother but an elder brother, with a spiritual connection that has always stood with Al-Quds.”
Pakistan has not yet officially commented about hosting Palestinian prisoners freed by Israel.
The development came after Quds Press, a Palestinian news agency considered close to Hamas, reported that 99 Palestinian prisoners freed by Israel had been deported to Egypt, with 263 expected to be freed by the completion of the first phase of the release process.
It came in the backdrop of negotiations on an agreement for the second phase of the deal, which will see the release of remaining Israeli hostages and the complete withdrawal of Israeli troops from Gaza. Palestinian territory – encompassing the Gaza Strip and West Bank, including East Jerusalem – has been occupied by Israel since 1967.
Pakistan does not recognize nor have diplomatic relations with Israel and calls for an independent Palestinian state based on “internationally agreed parameters.”
Since the beginning of Israel’s war on Gaza on Oct. 7, 2023, the South Asian country has dispatched several relief consignments for Gaza, besides establishing the ‘Prime Minister’s Relief Fund’ that aims to collect public donations for the war-affected people.
“Just as this nation, its people, and this country [Pakistan] have always expressed solidarity with Palestine and remained committed to their promises, Alhamdulillah, they continue to uphold them,” Dr. Qaddoumi said.
“Thank you to the Pakistani people, Pakistan’s leadership, and the country itself.”
The war on Gaza began after about 1,200 Israelis were killed and 251 taken to Gaza as hostages when Hamas attacked Israel in Oct. 2023. The attack triggered a massive Israeli military offensive in Gaza, which has killed more than 47,000 Palestinians, the Hamas-run health ministry says.
The war has also led to widespread destruction in the densely populated territory, where thousands of schools, houses and hospitals have been destroyed by relentless Israeli bombardment.

Topics: pakistan palestine ties Gaza ceasefire

Saudi Arabia agrees to defer Pakistan’s $1.2 billion oil payment

Saudi Arabia agrees to defer Pakistan’s $1.2 billion oil payment
Updated 03 February 2025
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Saudi Arabia agrees to defer Pakistan’s $1.2 billion oil payment

Saudi Arabia agrees to defer Pakistan’s $1.2 billion oil payment
  • Saudi facility can help Islamabad boost foreign reserves ahead of first review of IMF bailout
  • Petroleum products mostly from Saudi Arabia make the major chuck of Pakistan’s import bill
Updated 03 February 2025
SAIMA SHABBIR

ISLAMABAD: Saudi Arabia has agreed to defer a $1.2 billion payment on Pakistan’s oil imports by one year, the Saudi Fund for Development (SFD) said on Monday.
The Saudi facility to defer the payment can help Islamabad boost its foreign reserves ahead of the first review of a $7 billion IMF bailout due in March. The agreement comes as Pakistan continues to navigate a tricky economic recovery path and implement tough conditions attached to the IMF loan program.
Since the Fund’s establishment, SFD has supported more than 40 projects and programs valued at approximately $1.4 billion to finance energy, water, transportation and infrastructure projects in Pakistan.
“Following the directives of the Saudi wise leadership, and in the presence of the Prime Minister of the Islamic Republic of Pakistan H.E Shehbaz Sharif, #SFD CEO Mr. Sultan Al-Marshad signed today an agreement with Pakistan’s Secretary Ministry of Economic Affairs, Dr. Kazim Niaz, to finance oil derivatives worth USD 1.2 billion for #Pakistan,” the SFD said on X.

Sharif welcomed the signing of the agreement under which Pakistan will receive oil on deferred payment for one year, his office said.
“This project will strengthen Pakistan’s economic resilience by securing a stable supply of petroleum products while reducing immediate fiscal burdens,” it said in a statement.
Pakistan also finalized a loan agreement for a Gravity Flow Water Supply Scheme in Mansehra district of the northwestern Khyber Pakhtunkhwa province under which the SFD will provide $41 million to enhance access to clean drinking water for at least 150,000 people, according to Sharif’s office.
The SFD has also proposed a partnership with the Pakistan government to offer training programs for young Pakistanis and impart “modern and relevant” skills to meet labor market demands in Saudi Arabia.
Pakistanis constitute one of the largest migrant communities in Saudi Arabia with an estimated 2.64 million working there as of 2023. While 97 percent of them are blue-collar workers, there is a growing demand for skilled labor in the Kingdom as it seeks to modernize its economy under the Vision 2030 scheme.

Topics: Pakistan Saudi Arabia ties Pakistan Saudi Arabia trade

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